1-bedroom flat · EX33 2AN
For saleListed 87 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Set within an attractive period building in the heart of this sought-after village, this well-presented apartment offers a fantastic opportunity for first-time buyers, investors or those looking for a low-maintenance home close to the North Devon coastline.
With everyday amenities just a short stroll away and the coast within easy reach, the location combines convenience with an enviable lifestyle.
The heart of the home is the bright, open-plan kitchen and living space, where large windows and a charming window seat create a light and welcoming atmosphere.
The room is generously proportioned, providing ample space for a comfortable sofa, armchairs, TV furniture and a dining table without compromising the sense of openness.
The kitchen is thoughtfully arranged with a range of fitted units, generous worktop space, an integrated oven and hob, plumbing for a washing machine, space for a dishwasher and a freestanding fridge freezer, making it practical for both everyday living and entertaining.
The double bedroom is an impressive size, comfortably accommodating a king-size bed alongside bedside tables, while the fitted wardrobes provide excellent storage and still leave plenty of room for additional bedroom furniture such as a chest of drawers or dressing table.
The modern shower room has been well maintained and features a large walk-in shower, wash basin and WC.
Additional storage is another real advantage, with built-in cupboards off the hallway providing useful space to keep everyday items neatly tucked away.
Outside, the property benefits from one allocated parking space within the residents' car park, with two extra visitor spaces for the whole building on a first-come, first-served basis.
Perfectly positioned within one of North Devon's most desirable villages, the apartment enjoys easy access to local cafés, shops and everyday amenities, while the stunning nearby coastline offers beautiful beaches, scenic coastal walks and everything that makes this part of Devon such a sought-after place to live.
Call now to arrange your viewing!
Local Shop - 0.2 miles - // Local Pub - 0.1 miles // Local School - Caen Primary School - 0.3 miles // Parking - One Allocated Parking Space With Two Extra Visitor Spaces On A First-Come, First-Served Basis // Tenure - Share Of Freehold // Lease - 999 years from 1 January 1999 (approximately 972 years remaining) // Service Charge - £150 pcm
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
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FAQ
About Flat 4,, 62 South Street, Braunton
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